2. A quick reminder about risk and risk measurement
2.1 Risk and vulnerability
-
First of all, let's remember that risk and objective are inseparable.
In its most commonly understood negative sense, a risk is the threat that an event, action or inaction, the likelihood of which is uncertain, will affect a company's ability to achieve its objectives.
It is "the effect of uncertainty on the achievement of objectives", according to ISO 31000, and can be positive or negative. Because risk can also be positive, representing the opportunity that, in the course of an action, an event of uncertain likelihood may improve a company's ability to achieve its objectives. Risk management - and the word "risk" has no antonym - is therefore...
Exclusive to subscribers. 97% yet to be discovered!
Already subscribed? Log in!
A quick reminder about risk and risk measurement
Risk management repository
Article included in this offer
"Environment"
(
516 articles
)
Updated and enriched with articles validated by our scientific committees
A set of exclusive tools to complement the resources
Bibliography
Exclusive to subscribers. 97% yet to be discovered!
Already subscribed? Log in!
